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SUSPEND INCOME TAX ON SAVINGS INTEREST - SAVE OUR SAVERS

Submitted on Friday 12th August 2011

Published on Monday 22nd August 2011

Current status: Closed

Closed: Wednesday 22nd August 2012

Signatures: 26

Tagged with

England ~ income tax ~ remain ~ Tax ~ UK

Petition Action

SUSPEND INCOME TAX ON SAVINGS INTEREST - SAVE OUR SAVERS

Additional Information

With the Bank of England's base rate at a record low and CPI inflation over double the Government's target, UK savers are suffering heavily from negative real interest rates.

On behalf of the nation's savers, Save Our Savers calls for a suspension of income tax on savings interest, to remain in force while CPI inflation exceeds base rate.


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